#SolanaSurge Solana's current price is $134.68, with a 1.28% increase. Here's a snapshot of its market data ¹:
- *Market Cap*: $66.36 billion
- *Open Price*: $132.98
- *High Price*: $136.20
- *Low Price*: $130.55
- *Previous Close Price*: $132.98
The recent surge in Solana's price can be attributed to ² ³:
- *Increased Network Activity*: Growing demand for Solana's network due to its faster and cheaper transactions
- *DApp Activity*: Solana's decentralized applications have seen significant growth, with a 96% increase in total value locked (TVL) to $1.28 billion
- *Airdrops and Token Launches*: Successful launches like Jito and Bonk have contributed to the surge
- *Bitcoin ETF Euphoria*: The overall cryptocurrency market uptrend, fueled by Bitcoin ETF excitement, has also benefited Solana
Solana's futures open interest has also seen a significant rise, reaching $772 million, indicating growing interest and liquidity in the market ³.